Will Gold Move Higher?
http://millionairenowbook.blogspot.com –
Since bottoming at the end of July, gold has rallied about $100/ounce. As shown below, the metal is now trying to break through its June highs. Gold got within a dollar and change of that high today before pulling back about $7. Needless to say, the next few days will be important for gold. If it can break to new highs, traders will be looking for a new leg up to a higher range. If it can't break out, the technicals will call for a move right back into its current trading range.
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